Eastern Europe
CAIRO - Russia's VimpelCom Ltd and Weather Investments, the investment company headed by Egyptian telecom mogul Naguib Sawiris, said they are merging to form what would become the world's fifth largest mobile telecommunication service provider in a deal valued at over $6.5 billion.
CAIRO - Trading in mobile phone service provider Orascom Telecom's shares was halted on the Egyptian stock exchange Monday as the bourse sought clarification about reports of a possible deal with Russia's VimpelCom Ltd.
PRAGUE - The Czech Republic has refused to grant Google permission to expand its "Street View" because the mapping feature invades peoples' privacy, the government's privacy watchdog said Wednesday.
BEIJING - China has launched its first-ever cross-border simulated air strike as part of joint drills with Russia, Kazakhstan and other Central Asian States, state media reported Tuesday.
MOSCOW - A Russian state-owned company said Friday it will pay $3.7 billion for 50 new Boeing 737 Next Generation airliners that will then be leased to the national carrier Aeroflot.
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